In the article, “H&M class action: what lawyers told us”, featured in Apparel Insider, Partner Jason Stiehl commented on a recent class action complaint filed against H&M over its use of Higg Sustainability labels and its justification to charge premium prices for sustainable clothing. Stiehl provided insight on the importance to tighten internal systems for regulators and ESG investors, claiming that, “Companies should ensure that internal or outside counsel reviews marketing claims (as well as those placed in any consumer-facing document) when making statements in the sustainability and broader ESG space.” Read more from Apparel Insider here.
For more information on ESG risks and opportunities, visit Crowell’s ESG Resource Center. In addition to articles and on-demand webinars, the resource center includes a downloadable survey on emerging challenges facing supply chain, advertising, and monitoring.